GREY:NEVDQ - Post by User
Comment by
bogfiton Mar 15, 2024 2:24pm
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Post# 35935401
RE:RE:Copper Spot Price Link
RE:RE:Copper Spot Price LinkVery good you have noted the recent appreciation in copper. Now the next thing you should do is try to identify what is responsible for this effect. Why? So you can weigh the chances of the trend continuing, is it a temporary situation or more long term, and monitoring that stimulus might forewarn of a trend reversal.
I would personally appreciate your analysis of the movement in copper today. It’s not the USD, as it has only gained a little less than 1%, while gold and copper are both up about 6% each over last 6 months.
https://www.marketwatch.com/investing/future/hg00/charts?mod=mw_quote_advanced
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